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Well-Being and Fair Distribution provides a rigorous and comprehensive defense of the “social welfare function” as a tool for evaluating governmental policies. In particular, it argues for a “prioritarian” social welfare function: one that gives greater weight to well-being changes...
Persistent link: https://www.econbiz.de/10014174416
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This paper discusses a novel approach to elicit people's preferences for public goods, namely the life satisfaction … these countries depresses life satisfaction in a sizeable and robust way. However, the calculation of the trade-off between …
Persistent link: https://www.econbiz.de/10014071402
Cost-benefit analysis is the primary tool used by policymakers to inform administrative decisionmaking. Yet its methodology of converting preferences (often hypothetical ones) into dollar figures, then using those dollar figures as proxies for quality of life, creates systemic errors so large as...
Persistent link: https://www.econbiz.de/10014041735
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individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …
Persistent link: https://www.econbiz.de/10008662775
effect of viewing public service broadcasting on individual well-being using the life satisfaction approach in quantitative … associated with life satisfaction, even after successfully addressing the endogenous nature of television viewing. It is also …
Persistent link: https://www.econbiz.de/10011750480
satisfaction with life to the same extent as a change in health satisfaction would do. In other words, we estimate the income … equivalent of health changes. Next, the health satisfaction changes are linked to specific diseases in order to estimate the … income equivalent for various diseases. This method uses answers to well-being and health satisfaction questions as posed in …
Persistent link: https://www.econbiz.de/10001613893
satisfaction with life to the same extent as a change in health satisfaction would do. In other words, we estimate the income … equivalent of health changes. Next, the health satisfaction changes are linked to specific diseases in order to estimate the … income equivalent for various diseases. This method uses answers to well-being and health satisfaction questions as posed in …
Persistent link: https://www.econbiz.de/10011435018
satisfaction with life to the same extent as a change in health satisfaction would do. In other words, we estimate the income … equivalent of health changes. Next, the health satisfaction changes are linked to specific diseases in order to estimate the … income equivalent for various diseases. This method uses answers to well-being and health satisfaction questions as posed in …
Persistent link: https://www.econbiz.de/10011402365